Another Swindle
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Company History
Allison Transmission is a manufacturer of automatic transmissions
for medium and heavy-duty commercial vehicle applications. Currently
operated as a subsidiary of General Motors (Powertrain Division),
the company's headquarters are located in Indianapolis, Indiana. The
original Indianapolis plant dates to the September 14, 1915 founding
of the Indianapolis Speedway Team Company by James A. Allison.
Changing its name in 1918 to the Allison Experimental Company, the
company contributed to the United States' buildup to fight World War
I. In 1909, James Allison started the Indianapolis 500 race to prove
the automobile components they manufactured. Now known as the
Allison Engineering Company, Allison produced bearings for the
Liberty engine.
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They are in a
joint venture with Rolls Royce on
gas turbines. In addition to its Indianapolis plant, Allison
operates manufacturing facilities in Baltimore (US), Szentgotthard
(Hungary), and Santo Amaro (Brazil).
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The Buyout
The private equity group Carlyle Group and
Onex Corp. paid General Motors $5.6 billion.
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How Does It Work
Abbie Sachs starts a private investment
fund, later he takes it public. They get their funds from your
401-Ks, retirees, union controlled pension funds, etc. They also
issue bonds which are sold to investors. and banks.
Everything is peaches and cream, until the
stock market tanks. Naturally the Zionists sold their stock at the
top. In 1920 they bought stocks, then used the Federal Reserve for a
giant credit expansion, which fueled the rally going into the late
20's. They sold in 1928, and re-bought in 1933 for pennies.
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The Allison Workers
They will wind up like the
airline employees of the 80's, where $38,000 a yr stewardesses got
replaced by $12,000 a yr girls, as Ichan and his fellow creatures
made fortunes.
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The Allison of 2015
The high salaried white collar will be New
Yorkers, the engineering will be in Bangladesh, and the workers will
be are new immigrants brought in with Bush's legislation.
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